Yardi® announced today that it has acquired Centershift®, an innovative technology leader focused on the self-storage industry. The Centershift Store™ platform is the first fully cloud-based management system designed specifically for self-storage businesses. Understanding the benefits of a centralized data system, the industry’s largest and most powerful operators have adopted Store as the hub of their storage operations. “We are extremely pleased to be joining the Yardi team,” said James Hafen, president and CEO for Centershift. “We have long recognized that the self-storage industry was under-served when it came to technology. The breadth of services that Yardi brings to the table surpasses everything self-storage operators have come to expect from the technology available to them today. Joining Yardi introduces new possibilities to this increasingly sophisticated market, and that is an exciting prospect for all of us.” Hafen further commented, in a letter to his customers: “While we will continue to support our current software applications for as long as our clients want them, we will also begin working with Yardi to develop a self-storage management suite of products within the Yardi Voyager framework. The Yardi Voyager real estate management application services thousands of customers worldwide and offers a breadth of functionality far beyond what is found in the self-storage industry today. Yardi brings a game-changing platform that will accelerate our ability to achieve our overall goals for Centershift customers and the industry as a whole. The combination of Yardi’s immense resources and Centershift’s self-storage industry expertise will allow us to provide amazing benefits for our customers.” Gordon Morrell, executive vice president and chief operating officer for Yardi, added, “We are delighted to welcome the Centershift team and to get to work leveraging our respective strengths to benefit the self-storage market.” The Centershift team will...

Yardi Systems announced today that it has acquired ista North America’s Multifamily Services Group (MSG), a company that provides utility metering, billing, and management for multifamily, military and manufactured properties. With the acquisition of ista MSG, Yardi will become one of the largest providers of energy management services in the U.S., serving more than 700,000 apartment units. “Yardi is excited about adding nearly 200 employees from ista MSG’s three offices. They will work with 170 members of Yardi’s YES Energy Management team in Colorado Springs, Colo., to support the industry’s growing demand for energy management services,” said Gordon Morrell, executive vice president and chief operating officer for Yardi. “With these resources and Yardi’s technology roadmap, we are gearing up for significant growth.” MSG’s staff will retain their offices in Alpharetta, Ga., Jacksonville, Fla., and San Diego, Calif. Read the full press release on...

Yardi has acquired Lead Tracking Solutions (LTS), a Costa Mesa company that developed an innovative lead tracking and lead management software solution.  Read the full press release. LTS’ PopCard™ is a Follow-the-Lead solution designed for any industry, according to the company’s website. It uses advertising to attract customers and increase foot traffic, and bridge gaps in lead management, marketing campaigns, employee performance, customer care, and service requests. “With its prospect and customer relationship management capabilities, the PopCard represents our latest addition to our end-to-end multifamily platform,” said Terri Dowen, senior vice president of sales for Yardi. “Automating prospect management with the PopCard will further help our clients increase efficiency and marketing productivity.” Yardi Voyager™ clients will have the opportunity to use the PopCard’s lead-to-lease solution to track prospects and maximize marketing...